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The Lounge>Bitcoin Take?
ChiefRocka 11:41 AM 02-15-2013
Always love to bounce this kind of stuff off the Planet. Have any of you done any research into Bitcoin, and if you hold any opinions on the concept I'd love to hear what you think.





[Reply]
DanT 07:17 PM 11-27-2018
Originally Posted by 2018 November 19 commentary in Nature:
Quantum computers put blockchain security at risk

Bitcoin and other cryptocurrencies will founder unless they integrate quantum technologies, warn Aleksey K. Fedorov, Evgeniy O. Kiktenko and Alexander I. Lvovsky.
https://www.nature.com/articles/d41586-018-07449-z
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BryanBusby 07:26 PM 11-27-2018
pokemon cards would have been a better investment lmao
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ChiefRocka 07:52 PM 11-27-2018
Originally Posted by BryanBusby:
pokemon cards would have been a better investment lmao
:-)





https://www.nasdaq.com/article/nasda...rket-cm1061057

https://www.barrons.com/articles/bit...man-1543353369
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DanT 06:14 PM 12-06-2018
BTC is around $3,500 today.
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-King- 07:57 PM 12-06-2018
Eth at 86 lol
Posted via Mobile Device
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lewdog 08:01 PM 12-06-2018
I still have some beanie babies.

I let my son chew on them.
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BryanBusby 10:50 PM 12-06-2018
When I think of cool and good investments, a fake coin that gins and drops a fourth of its value in a day is where the gettin is good.
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Eleazar 12:06 AM 12-07-2018
At $3,306, according to CoinDesk.

In the last 24 hours, bitcoin’s market capitalization has dropped by $4.8 billion and is down more than $14 billion on the week. It’s down 64% vs this point last year.
[Reply]
Pasta Giant Meatball 12:07 AM 12-07-2018
Lulz
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Demonpenz 01:16 AM 12-07-2018
I got rekt, but didn't pour too much into it. Depokote has me numb to everything anyway.
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suzzer99 02:02 AM 12-07-2018
Originally Posted by Eleazar:
At $3,306, according to CoinDesk.

In the last 24 hours, bitcoin’s market capitalization has dropped by $4.8 billion and is down more than $14 billion on the week. It’s down 64% vs this point last year.
I wouldn't say this had a 100% chance of happening. But as someone who was very active in the financial arguments of the dotcom bubble I'd put it at 95%+.

The difference here is most of those dotcoms had some intrinsic value. No one has any idea what the intrinsic value of BTC is.
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'Hamas' Jenkins 01:33 AM 12-18-2018
Originally Posted by Taco John:
I'm not actually holding any bitcoin or even ethereum. Everything I have right now is Altcoins. I feel like that's where the greatest amount of growth is going to come, and eventual stability. To that end, I feel like Ripple is the safest thing that anyone can invest in today for solid long-term gains because it has an actual industry use case that it was specifically designed for. I'd look into its little brother, Stellar Lumens. That's a good Ripple spinoff that could turn into a mainstream coin. I feel like Cardano has a ton of value in that regard as well. It's got a 30m marketcap right now, and there is no reason that it shouldn't be at a billion by the end of the year, if not much sooner (given a run like Ripple has made). If it does that, that's a $4.00 coin. Not bad from where it's sitting now.

I probably should take more stake in ETH and BTC, but there is so much explosive opportunity in the altcoins right now that I have a hard time leaving money on those two.
:-):-):-):-)
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Lex Luthor 07:28 AM 12-18-2018
Originally Posted by 'Hamas' Jenkins:
:-):-):-):-)
True story. I had a couple of modest investments in Ethereum and Ripple back when the prices were steadily going up for all crypto currencies. Then I read multiple posts by Taco John extolling the virtues of Ripple and other crypto currencies, and I thought about how Taco John is consistently and spectacularly WRONG about EVERYTHING, I decided to dump all of my crypto investements. I even posted about it at the time in this thread.

The moral of the story: Whatever Taco John thinks and does, you should always think and do the opposite. It’s a fool-proof strategy for investing and life. Taco John IS George Costanza.
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Eleazar 07:38 AM 12-18-2018
Originally Posted by Taco John on 01-03-2018, 02:15 PM:
I feel like Cardano has a ton of value in that regard as well. It's got a 30m marketcap right now, and there is no reason that it shouldn't be at a billion by the end of the year, if not much sooner (given a run like Ripple has made). If it does that, that's a $4.00 coin. Not bad from where it's sitting now.
Hmm, never heard of Cardano. A $4.00 coin, hot diggity!

(goes to the internet)

(sees it's worth 3 cents today.)

Shucks.
[Reply]
Cave Johnson 11:25 AM 12-18-2018
Originally Posted by 'Hamas' Jenkins:
:-):-):-):-)
That’s up there with “9/11 was an inside job” in the TJ Hall of Classics.
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